Pulse.com.gh logo
Go


Indicators: Inflation for October 2015 remains unchanged

Though prices of some goods went slightly up, Dr Philomena Nyarko notes, they had little influence on inflation.

  • Published:

Inflation for the month of October remained 17.4 per cent just like in September, Dr. Philomena Nyarko has revealed.

Though prices of some goods went slightly up, Dr Philomena Nyarko notes, they had little influence on inflation.

Announcing the October rate on Wednesday, Dr Nyarko noted that the relative stability of the Cedi in the currency market also had an influence, especially on imported items.

“The October index was partly driven by the relative stability in the exchange rate of the cedi, resulting in lower prices of imported items.”

The food and non food inflation recorded rates of 7.8 and    23, UP W recorded the highest inflation rates 18.6 above national and up e recorded lowest of 18

 According to Philomena Nyarko, "The monthly change rate  for October 2015 was 2.7% compared to that of 2014 which was - 0.1%.  Year- on- year non food inflation was 23 percent for 2015 compared to the 23.3% 2014, while food inflation  was 7.8%,  the same as for 2014."

 

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Investment banks in Ghana Top 5 investment banks in Ghana and why you...bullet
2 Salaries In 2018 Here are the dates public workers will be paid in 2018bullet
3 Education Top 5 private high schools in Ghana according to WAECbullet
4 Breaking Otabil finally breaks silence on banking controversiesbullet
5 Tax Policy Gov't weighs in on controversial MoMo taxbullet
6 Incompetence Otabil wasn't qualified to be Capital Bank Board...bullet
7 Banking Crises Joe Jackson urges BoG to ‘rate’ banks to...bullet
8 Promo Glo introduces Yakata, Ghana’s most exciting...bullet
9 Mutual funds in Ghana Top 5 mutual funds in Ghanabullet
10 uniBank Takeover Meet all the Unibank Executives who...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
3 Money Alert Meet Africa's richest womanbullet
4 Former Capital Bank staff grills pork for survivalbullet
5 Support Finance minister buys Kantanka carbullet
6 Bozoma Saint John 10 quotes from Uber top official, Bozoma,...bullet
7 Video We are determined to move Ghana beyond aid - Bawumiabullet
8 Plane Crash Starbow suspends operations following plane crashbullet
9 Dr Joseph Siaw Agyepong Nobody can collapse my company –...bullet

Business